Even the Economist Thinks Gold Matters Now

The midwits are coming round. Your Sunday thought piece

These really are strange times. Even the Economist is saying nice things about me.

As Dominic Frisby recounts, Gold has captivated human beings since time immemorial. In doing so, it has shaped the course of history. The author has collected some cracking stories.

The reviewer even cited one of my quips.

For years, gold bugs, bitcoin bugs, hard money obsessives and monetary historians have been treated by the mainstream economic press, ergo the Economist and the Financial Times, as, at best, harmless eccentrics and, more usually, outright lunatics.

This despite the fact that both gold and bitcoin keep breaking to new highs.

I should stress the reviewer was still distinctly sniffy about both my history of money and my arguments about the importance of currency that retains its purchasing power. Certain points were, shall we say, selectively interpreted.

Nevertheless, the review repeatedly says the book is “worth reading”, which is about as warm an endorsement as one is likely to get from a publication of that persuasion, partly because I have “collected some cracking stories” (no mention of how well they are told), but - and this is the point I want to get to - also because:

“Gold still matters a lot”.

I almost did a double take reading that sentence in the establishment economic press.

We have gone from “barbarous relic”, crank territory and the preserve of eccentrics to “gold still matters a lot.” That is a significant development I would say.

Here’s the review in full in case of interest.

More importantly, here is a link to the opus if you want to get your first edition of what is surely destined to be a classic.

In other news

This week I appeared on Greg Moffit’s Legalise Freedom podcast. Here is the link to listen.

And here is this week’s commentary. (A lot of very positive feedback on this one).

If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.